WEALTH MANAGEMENT GLOSSARY

S Corporation

SLMA

Sallie Mae

Secondary Market

Secular Trust

Settlement Date

Settlor

Share

Short-Term Reserves

Special Power Of Appointment

Speculation

Stock Power

Stock Split

Stock Transfer Agent

Street Name

Student Loan Marketing Association

Successor Trustee Or Executor

Systematic Risk

A power of the donee (the one who has the power) to pass on an interest in property that is limited in some way—as to or for whom or to the time within which the donee must exercise the power. Also known as a limited power of appointment.